There was a project I wasn't familiar with before, but now I'm following up on @LairFinance. First of all, regardless of the results of the yapping event, in my case, I have actually used the platform, looked up related history, and since the Kai and Vera sides haven't been very active, it didn't matter much. However, if it expands within the @injective ecosystem, I hope it can bring a new breeze to the Injective LST market, which has been stagnant for a while. Looking at the rewards Vera, it seems that they are operating the reward scale differently, so it feels like it could activate in a slightly different way compared to Hydro, which has been running for over a year with rewards already being distributed in Season 2. Besides Lair Finance, I noticed that a few LSTs are coming out at this Injective multivm hub. It seems that Accumulated Finance, referred to as AF, is preparing a platform that will receive LSTs and immediately link them to lending. Of course, this is not a single blockchain but is expected to support various chains, so how much funding can be gathered from Injective will be crucial. Ultimately, for each LST, the most ideal scenario is: 1. Raise funds to the extent of directly operating a Validator - through this, convert part of the validator's earnings into LST profits. 2. In the case of restaking, support hINJ or restaking INJ of AF while converting the platform's reward tokens to maximize additional profits. 3. With this structure, create a way to maximize yields with the platform token for the self-issued LRT token. It seems like it could be done with something like an LRT self-token liquidity pool (the model of Lair Finance is actually similar to this). Anyway, to draw my liquidated INJ back into staking tokens and restaking tokens, if a truly enticing APR model can be created, rather than a general APR, along with sufficient liquidity to allow for exiting the LRT token in the market without significant losses, it seems that a considerable amount of funds could flow in. Ultimately, the depth of liquidity is key.
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